Romania’s National Institute of Statistics announced on July 10 that the country’s annual inflation rate slowed in June to 5.86%, meeting projections, from 5.59% in May, on food price decline and calibrated increase in non-food and service prices.
The EU-countries with the lowest inflation rates were Ireland (-2.2%), Portugal (-1.6%), Belgium, Spain, Luxembourg (all -1%). Compared to May 2009, the annual inflation slowed down in 21 states, stayed flat in four and increased in one.
In the euro area, the annual inflation rate was -0.1% in June, after 0% rate a month earlier. The monthly inflation rate in the euro area and EU stood at 0.2% in June.
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